News

CoinW Unveils Industry-First Futures Protection Program Instant Refunds Designed to Safeguard Traders

May 20, 2025 3 mins read

In a market known for its volatility, CoinW, a leading global crypto asset trading platform has officially launched its Futures Protection Program. With a monthly protection pool of up to 500,000 USDT, the initiative provides financial relief and risk coverage to futures traders. The launch comes amid extreme market turbulence, with over $730 million in leveraged positions liquidated globally within 24 hours. CoinW’s goal is to help users regain confidence, enhance security, and

Scallop $SCA Now Listed on Binance Alpha – Trading Competition Kicks Off

May 20, 2025 3 mins read

Scallop, a trailblazing decentralized finance (DeFi) protocol on the Sui blockchain, has reached a significant milestone with the listing of its $SCA token on Binance Alpha, a platform dedicated to showcasing innovative crypto projects. To celebrate this achievement and engage its growing community, Scallop has launched a Binance Alpha Trading Competition with a substantial prize pool of over $440,000 USD in $SCA and $SUI tokens, running from May 16th to

Bitget to Support EOS (EOS) Token Swap and Rebranding to Vaulta (A)

May 19, 2025 3 mins read

Bitget, the leading cryptocurrency exchange and Web3 company, has announced it will support the EOS (EOS) token swap and its rebranding to Vaulta (A). The platform-wide migration reflects Bitget’s ongoing strategy to maintain alignment with evolving digital asset projects while ensuring a stable and secure environment for users. All technical operations related to the swap will be fully managed by Bitget. The process will commence with the suspension of EOS

MEXC Announces Einstein (EIN) Listing in July, 50 Million EIN Rewards Event Launches Now

May 19, 2025 3 mins read

 MEXC, a leading global cryptocurrency exchange, has announced that it will list Einstein (EIN) on July 20, 2025 (UTC). Ahead of the listing, MEXC will launch two exclusive events this May with a total reward pool of 50,000,000 EIN, offering users the opportunity to discover promising projects and earn attractive rewards. Einstein is an innovative social experiment combining scientific knowledge with the Web3 ecosystem. The project invites participants to explore the intersection

Metis Launches HyperHack With $200K Reward Pool: An AI-Driven Web3 Hackathon on Hyperion

May 18, 2025 2 mins read

Metis, a trailblazer in Ethereum Layer 2 solutions, today announced HyperHack, a three-month hackathon designed to showcase the transformative power of Hyperion, its AI-optimized, high-performance blockchain. Kicking off on May 15, 2025, starting with the Ideathon, HyperHack invites developers worldwide to build and stress-test decentralized applications (dApps) leveraging Hyperion’s real-time parallel execution, on-chain AI integration, and ultra-high throughput. With $200,000 in prizes, mentorship, and incubation opportunities, HyperHack is set to redefine the

Falcon Finance Surpasses $350 Million in USDf Circulating Supply

May 18, 2025 2 mins read

Falcon Finance, a next-generation synthetic dollar protocol backed by DWF Labs, announced it has surpassed $350 million in circulating supply of its overcollateralized digital asset, USDf. This milestone underscores the protocol’s rapid ascent within two weeks from public launch as a credible, transparent, and scalable solution for on-chain dollar demand.  The announcement follows a strong wave of adoption since Falcon’s public launch, building on momentum two weeks from a successful closed

ChainGPT and Alibaba Cloud Partner to Scale Solidity LLM & AIVM with GPU Infrastructure

May 17, 2025 4 mins read

ChainGPT, a pioneer in blockchain AI solutions, has announced a new partnership with Alibaba Cloud, a global leader in cloud computing infrastructure. This collaboration brings scalable, enterprise-grade GPU resources to ChainGPT’s AI stack, making high-performance machine learning accessible to builders across the Web3 ecosystem via the Solidity large language model (LLM) public release. The open-sourcing of the Solidity LLM marks a leap forward for competent contract developers, auditors, and researchers worldwide.

The SEC reportedly investigates whether Coinbase inflated its user metrics in its public filings

May 16, 2025 2 mins read

The U.S. Securities and Exchange Commission (SEC) is currently investigating Coinbase to determine if the cryptocurrency exchange misled investors by overstating its user metrics during its public debut in 2021. This investigation was first reported by The New York Times, which cited anonymous sources indicating that the SEC is examining Coinbase’s past disclosures, particularly its registration statement for its direct listing. At that time, Coinbase claimed to have over 100

FTX is set to distribute over $5 billion to creditors starting May 30, 2025

May 16, 2025 1 min read

FTX is preparing to initiate its second round of creditor payouts on May 30, aiming to distribute over $5 billion to eligible claimants, as announced by the company. This payout will be processed through either BitGo or Kraken, with payments expected to reach recipients within one to three business days. This upcoming distribution is part of FTX’s ongoing bankruptcy proceedings and follows the initial payouts that began in February for

BlockDAG’s 150M Daily Coin Rewards Fuel Intense Presale Battle – Aptos Holds Strong & Uniswap Falters!

May 15, 2025 4 mins read

Interest in Aptos is climbing again as the Aptos (APT) price surge pushes closer to a key resistance level. Traders are watching to see if APT can clear this barrier, which may open the door to a larger upward shift. Meanwhile, Uniswap’s (UNI) 1-day chart presents conflicting patterns. Some metrics hint at continued gains, but market hesitation remains. In the middle of these developments, BlockDAG (BDAG) has introduced a fresh

Ukraine prepares a new bill that could make Bitcoin part of its national reserves

May 15, 2025 1 min read

Ukraine is on the verge of introducing a new bill that could incorporate Bitcoin into its national reserves, a move aimed at enhancing the country’s financial resilience amid ongoing wartime challenges. Yaroslav Zhelezniak, a member of the Ukrainian parliament, announced during the CRYPTO 2025 event in Kyiv that the draft proposal is nearing submission, which would legally enable the government to accumulate cryptocurrency reserves. This initiative aligns with a growing

Coinbase launches a $20 million bounty

May 15, 2025 1 min read

Coinbase has announced a $20 million reward program aimed at identifying and prosecuting those responsible for a recent data breach involving bribed customer service agents and extortion attempts. The breach, which affected less than 1% of the company’s monthly transacting users, involved cybercriminals paying overseas support staff to access sensitive customer information from internal systems. However, Coinbase reassured users that passwords, private keys, and access to customer funds were not